Evidently, accd. to snopes its a 3.8% tax on the profits or capital gains on the property.Just unbelievable,these guys will tax and spend us into the grave if we allow it.
This supposedly starts the first of the year. Lots riding on getting rid of zero care,taking the senate and the presidency.
178 posted on 07/04/2012 6:16:14 AM PDT by rodguy911
(FreeRepublic:Land of the Free because of the Brave--Sarah Palin 2012)